FML 0.00% 15.0¢ focus minerals ltd

This is another very pleasing step along the path the Board has...

  1. 147 Posts.
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    This is another very pleasing step along the path the Board has mapped out. The new management seems much more able to actually deliver on the strategy, which is pleasing. There are many steps ahead to get to mining and processing, and then that product actually being high enough grade to make a profit. I am not planning on spending the dividends yet, but I haven't thrown these out, which is what you would be doing if you sold at this price. If the Board and management can deliver on their strategy and gold stays as high as it is now, the share price will be many multiples of what it is now. Of course there are many hurdles for them to stumble over, but they are clearing them well at present. So I am happy to hold - if I hadn't been burnt so much before by this stock, I would be buying up many more!
 
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